5. | Statement 804: Skills development for QSE's |
5.1 | The QSE Skills Development Scorecard |
The following table represents the criteria used for deriving a score for skills development under this statement:
Skills Development Element
|
Weighting Points
|
Compliance Target
|
Adjusted skills development spend on learning programmes for black employees as a percentage of leviable amount
|
25
|
2%
|
5.2 | Key measurement principles |
5.2.1 | Any Skills Development Spend by a Measured Entity that is an ABET programme is recognisable at a multiple of 1.25 to the actual value of such Skills Development Spend. |
5.2.2 | Skills Development Spend includes any legitimate expenses incurred for any Learning Programme offered by a Measured Entity to its employees evidenced by an invoice or appropriate internal accounting record. |
5.2.3 | Legitimate training expenses include: |
5.2.3.1 | costs of training materials; |
5.2.3.2 | costs of trainers including, where appropriate, the opportunity cost of internal trainers; |
5.2.3.3 | costs of training facilities including costs of catering; |
5.2.3.4 | scholarships and bursaries; |
5.2.3.6 | accommodation and travel; and |
5.2.3.7 | administration costs such as organisation of training including, where appropriate, the cost to the Measured Entity of employing a skills development facilitator or a training manager. |
5.2.4 | No portion of any salary or wage paid to any employee participating as a learner in any Learning Programme constitutes Skills Development Spend unless the Learning Programme is an In-service Training Programme. |